The Industrial Finance Corporation of India was established in ________.

July, 1942

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July, 1948

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July, 1952

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July, 1982

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Solution

The correct option is A July, 1948
The Industrial Finance Corporation of India was established after the independence under the Industrial Finance Corporation Act, 1948. It is owned by the government of India. It was set up to cater to the long term financial needs of industrial sector of India.

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Consider the following:

A.Industrial Finance Corporation of India

B. Industrial Credit and Investment Corporation of India

C. Industrial Development Bank of India

D. Unit Trust of India

The correct sequence in which the above were established is

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